ITV

Tag: Television Network Limited

  • Sri Adhikari Brothers PAT q-o-q jumps 25 per cent in Q2-2014

    Sri Adhikari Brothers PAT q-o-q jumps 25 per cent in Q2-2014

    BENGALURU:  Sri Adhikari Brothers Television Network Limited (Sri Adhikari Brothers) reported a PAT of Rs 2.28 crore for Q2-2013, 24.6 per cent higher than the q-o-q PAT of Rs1.83 crore for Q1-2014.But Q2-2014 PAT dropped by 13 per cent as compared to the y-o-y PAT of Rs 2.62 crore for the corresponding quarter of last year (Q2-2013). The content provider had reported a loss of Rs 3.02 crore for Q4-2013.

     

     Net Sales/Income from operations for Q2-2014 at Rs 18.13 crore was 3.5 per cent higher than the Rs 17.52 crore for the trailing quarter (Q1-2014) and 29 per cent higher than the Rs 14.05 crore for Q2-2013.

     

    Let us look at the other results reported by Sri Adhikari Brothers for Q2-2014.

     

    Earnings before interest, depreciation and taxes (EBIDT) for Q2-2014 at Rs 5.04 crore was 10.7 per cent more than the Rs 4.56 crore for Q1-2014, but 15.8 per cent less than the EBIDT of Rs 5.99 crore for the corresponding quarter of last year.

     

    Sri Adhikari Brothers’ total expenditure for Q2-2014 at Rs 15.42 crore was about 0.9 per cent more than the Rs15.28 crore for Q1-2014 and 38.4 per cent more than the Rs 11.14 crore for Q2-2013.

     

    Production/direct expenditure for Q2-2014 at Rs 11.07 crore was 3.7 per cent more than the Rs 10.68 crore for Q1-2014 and 48.8 per cent more than the Rs 7.44 crore for Q2-2013.

     

     Other expenditure at Rs 1.67 crore for Q2-2014 was 13.4 per cent lower than the Rs 1.93 crore for Q1-2014 and 40.4 per cent more than the Rs 1.19 crore for the corresponding quarter of last year.

     

    Depreciation was almost flat for the three quarters – Rs 2.32 crore for Q2-2014, Rs 2.30 crore for Q1-2014 and Rs 2.36 crore for Q2-2013.

     

    Interest and finance charge for Q2-2014 at Rs 0.4437 crore was 4.6 per cent higher than the Rs 0.4241 crore for Q1-2014 and less than half (41.4 per cent) of the Rs 1.0223 crore q-o-q.

     

    Notes:  (1) In the AGM held on 27 September 2013, the company declared and paid final dividend at the rate of Rs 0.60 per equity share of Rs 10 each aggregating to Rs 1.4967 crore

     

    (2) Provision for tax and deferred tax as applicable will be considered by the company at the end of the financial year

  • PAT returns to Sri Adhikari Brothers in Q1-2014 after a hiatus in Q4-2013

    BENGALURU: Sri Adhikari Brothers Television Network Limited (Sri Adhikari Brothers) reported a PAT of Rs 1.83 crore for Q1-2014 as compared to a loss of Rs 3.02 crore in the preceding quarter (Q4-2013). The content provider had reported a lower PAT of Rs 1.69 crore for the corresponding quarter last year Q1-2013.

    Let us take a look at the other results of Sri Adhikari Brothers for Q1-2014

    A note by the company’s chartered accountants says – The company has not recognised Current Tax and Deferred Tax as per requirements of Accounting Satndard 22 – ‘Accounting of Taxes on Income’. Pending details of the measurement of above it’s impact on the Profit and Loss for the quarter ended June 30, 2013 cannot be ascertainable.

    Sri Adhikari Brothers had a net sales/income from operations for Q1-2014 of Rs 17.52 crore, 39.3 per cent higher than the Rs 12.58 crore for Q1-2013 and 7.9 per cent higher than the Rs 16.24 crore in Q4-2013.

    Sri Adhikari Brothers’ total expenditure for Q1-2014 at Rs 15.28 crore was 55 per cent more than the Rs 9.86 crore for Q1-2013, but 19 per cent lower than the Rs 18.85 crore in Q4-2013.

    Production expenditure for Q1-2014 at Rs 10.68 crore was more than double (2.15 times more) than the Rs 4.96 crore for Q1-2013, but 70 per cent of the Rs 15.14 crore in Q4-2013.

    Other expenditure at Rs 1.93 crore for Q1-2014 was 12.4 per cent lower than the Rs 2.20 crore for Q1-2013, but 43 per cent higher than the Rs 13.49 crore for Q4-2013.

    Profit from operations before other income, finance cost, exceptional items and tax for Q1-2014 at Rs 2.24 crore was 17.7 per cent lower than the Rs 2.24 crore for Q1-2013. Sri Adhikari Brothers reported a loss from operations before other income, finance cost, exceptional items and tax for Q4-2013 of Rs 2.62 crore.

  • PAT returns to Sri Adhikari Brothers in Q1-2014 after a hiatus in Q4-2013

    PAT returns to Sri Adhikari Brothers in Q1-2014 after a hiatus in Q4-2013

    BENGALURU: Sri Adhikari Brothers Television Network Limited (Sri Adhikari Brothers) reported a PAT of Rs 1.83 crore for Q1-2014 as compared to a loss of Rs 3.02 crore in the preceding quarter (Q4-2013). The content provider had reported a lower PAT of Rs 1.69 crore for the corresponding quarter last year Q1-2013.

     

    Let us take a look at the other results of Sri Adhikari Brothers for Q1-2014

     

    A note by the company’s chartered accountants says – The company has not recognised Current Tax and Deferred Tax as per requirements of Accounting Satndard 22 – ‘Accounting of Taxes on Income’. Pending details of the measurement of above it’s impact on the Profit and Loss for the quarter ended June 30, 2013 cannot be ascertainable.

     

    Sri Adhikari Brothers had a net sales/income from operations for Q1-2014 of Rs 17.52 crore, 39.3 per cent higher than the Rs 12.58 crore for Q1-2013 and 7.9 per cent higher than the Rs 16.24 crore in Q4-2013.

     

    Sri Adhikari Brothers’ total expenditure for Q1-2014 at Rs 15.28 crore was 55 per cent more than the Rs 9.86 crore for Q1-2013, but 19 per cent lower than the Rs 18.85 crore in Q4-2013.

     

    Production expenditure for Q1-2014 at Rs 10.68 crore was more than double (2.15 times more) than the Rs 4.96 crore for Q1-2013, but 70 per cent of the Rs 15.14 crore in Q4-2013.

     

    Other expenditure at Rs 1.93 crore for Q1-2014 was 12.4 per cent lower than the Rs 2.20 crore for Q1-2013, but 43 per cent higher than the Rs 13.49 crore for Q4-2013.

     

    Profit from operations before other income, finance cost, exceptional items and tax for Q1-2014 at Rs 2.24 crore was 17.7 per cent lower than the Rs 2.24 crore for Q1-2013. Sri Adhikari Brothers reported a loss from operations before other income, finance cost, exceptional items and tax for Q4-2013 of Rs 2.62 crore.